Buyback yield (TTM)
0.53%
Shareholder yield (TTM)
1.26%
5Y share count change
-6.1%
Buyback spend (TTM)
$5.61B
Cumulative buybacks
$149.35B
Key takeaways
- Walmart (WMT) repurchased about $5.61B of stock over the trailing twelve months.
- Diluted share count is down 6.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- Cash buyback spend has compounded at +25.2% per year over the latest 5-year window.
- TTM repurchases used about 113% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Walmart (WMT)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Walmart (WMT)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Walmart (WMT)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Walmart (WMT)
Latest: $8.09B
Overview
As of the 2026 fiscal year, Walmart (WMT) reported buyback spend of $8.09B – surged 80.0% year-over-year.
Over 2021–2026 (5 years), Walmart buyback spend expanded at a +25.2% compound annual rate, sustaining 2 straight years of year-over-year growth.
Walmart buyback spend plunged from $14.78B in 2011 to $8.09B in 2026, a 45.3% drawdown.
2011 marks the peak buyback spend at $14.78B, with the historical low of $0.00 recorded in 1990.
Walmart Buyback Spend 2026: $8.09B
Walmart buyback spend in 2026 was $8.09B, surged 80.0% from 2025.
Walmart Buyback Spend 2025: $4.49B
2025's buyback spend for Walmart came in at $4.49B, surged 61.7% from 2024.
Walmart Buyback Spend 2024: $2.78B
Walmart posted buyback spend of $2.78B in 2024, plunged 72.0% below 2023.
Walmart Buyback Spend 2023: $9.92B
In 2023, Walmart reported buyback spend of $9.92B, edged up 1.4% from 2022.
Walmart Buyback Spend 2022: $9.79B
Walmart buyback spend in 2022 was $9.79B.
See more financial history for Walmart (WMT).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2026 | $8.09B | $0.00 | $8.09B | 0.85% | 8.02B | -0.7% | |
| 2025 | $4.49B | $0.00 | $4.49B | 0.57% | 8.08B | -0.3% | |
| 2024 | $2.78B | $0.00 | $2.78B | 0.63% | 8.11B | -1.1% | |
| 2023 | $9.92B | $0.00 | $9.92B | 2.56% | 8.20B | -2.5% | |
| 2022 | $9.79B | $0.00 | $9.79B | 2.53% | 8.41B | -1.5% | |
| 2021 | $2.63B | $1.16B | $1.46B | 0.67% | 8.54B | -0.7% | |
| 2020 | $5.72B | $0.00 | $5.72B | 1.76% | 8.60B | -2.6% | |
| 2019 | $7.41B | $0.00 | $7.41B | 2.67% | 8.84B | -2.2% | |
| 2018 | $8.30B | $626.00M | $7.67B | 2.63% | 9.03B | -3.3% | |
| 2017 | $8.30B | $596.00M | $7.70B | 4.06% | 9.34B | -3.3% | |
| 2016 | $4.11B | $448.00M | $3.66B | 1.91% | 9.65B | -0.8% | |
| 2015 | $1.01B | $0.00 | $1.01B | 0.37% | 9.73B | -1.2% | |
| 2014 | $6.68B | $388.00M | $6.29B | 2.76% | 9.85B | -3.1% | |
| 2013 | $7.60B | $378.00M | $7.22B | 3.25% | 10.17B | -2.4% | |
| 2012 | $6.30B | $0.00 | $6.30B | 3.00% | 10.42B | -5.3% | |
| 2011 | $14.78B | $0.00 | $14.78B | 7.43% | 11.01B | -5.3% | |
| 2010 | $7.28B | $0.00 | $7.28B | 3.57% | 11.63B | -1.9% | |
| 2009 | $3.52B | $0.00 | $3.52B | 1.90% | 11.85B | -3.0% | |
| 2008 | $7.69B | $0.00 | $7.69B | 3.83% | 12.22B | -2.3% | |
| 2007 | $1.72B | $0.00 | $1.72B | 0.87% | 12.50B | -0.5% | |
| 2006 | $3.58B | $0.00 | $3.58B | 1.86% | 12.56B | -1.8% | |
| 2005 | $4.55B | $0.00 | $4.55B | 2.05% | 12.80B | -2.4% | |
| 2004 | $5.05B | $0.00 | $5.05B | 2.18% | 13.12B | -1.6% | |
| 2003 | $3.38B | $0.00 | $3.38B | 1.61% | 13.34B | -0.8% | |
| 2002 | $1.21B | $0.00 | $1.21B | 0.45% | 13.44B | -0.1% | |
| 2001 | $193.00M | $0.00 | $193.00M | 0.08% | 13.45B | +0.2% | |
| 2000 | $101.00M | $0.00 | $101.00M | — | 13.42B | -0.2% | |
| 1999 | $1.20B | $0.00 | $1.20B | — | 13.46B | -1.1% | |
| 1998 | $1.57B | $0.00 | $1.57B | — | 13.60B | -1.3% | |
| 1997 | $208.00M | $0.00 | $208.00M | — | 13.78B | — | |
| 1996 | $105.00M | $0.00 | $105.00M | — | — | — | |
| 1995 | $68.00M | $0.00 | $68.00M | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $25.80M | $0.00 | $25.80M | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2026$8.09B
- 2025$4.49B
- 2024$2.78B
- 2023$9.92B
- 2022$9.79B
- 2021$2.63B
- 2020$5.72B
- 2019$7.41B
- 2018$8.30B
- 2017$8.30B
- 2016$4.11B
- 2015$1.01B
- 2014$6.68B
- 2013$7.60B
- 2012$6.30B
- 2011$14.78B
- 2010$7.28B
- 2009$3.52B
- 2008$7.69B
- 2007$1.72B
- 2006$3.58B
- 2005$4.55B
- 2004$5.05B
- 2003$3.38B
- 2002$1.21B
- 2001$193.00M
- 2000$101.00M
- 1999$1.20B
- 1998$1.57B
- 1997$208.00M
- 1996$105.00M
- 1995$68.00M
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$25.80M
- 1990$0.00
Buybacks vs stock-based compensation for Walmart (WMT)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Walmart (WMT)
How Walmart splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Walmart, ranked by their latest buyback spend.
| $6.50B | |
| $2.38B | |
| $1.00B | |
| $1.00B | |
| $903.00M | |
| $746.00M | |
| $103.65M | |
| $0.00 |
- $6.50B
- $1.00B
- $1.00B
- $903.00M
- $746.00M
- $103.65M
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $4.95B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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